Prices wind up narrowly mixed on drops in claims, producer prices.

The Treasury market rendered a mixed decision on yesterday's economic news as long-term prices moved higher on a good inflation report and the short end sold off on further evidence that the job market is improving.

Late in the afternoon, the 30-year bond was up 1/8 point and yielded 7.42%, while short-term notes were down as much as 1/8 point on the day.